Resolutions of the Annual General Meeting of Shareholders of AS Ekspress
Grupp 06.06

On
6th of June, 2018, the Annual General Meeting of the
Shareholders of AS Ekspress Grupp was held in Tallinn, Parda 6.

Out of 29 796 841
votes 25 364 385 votes were represented at
the Meeting, i.e. 85,17% of the votes.

The General Meeting of the Shareholders of AS Ekspress
Grupp adopted the following resolutions.

1. The approval of the Annual Report for the financial
year 1st of January 2017 – 31st of December 2017

By
25
363 385 votes in favour (0 votes against, 1000
votes abstained), to approve the Annual Report for the financial year 1st
of January 2017 – 31st of December 2017 of AS Ekspress Grupp.

2. The approval
of the 2017 profit distribution proposal

By
25
364 385 votes in favour (0 votes against, 0
votes abstained), to approve the profit distribution proposal for 2017. To distribute total 3.14 million euros as follows: to increase statutory
reserve by 157 000 euros; to pay dividends 7 (seven) euro cents per share in
total amount of 2.086 million euros; the remaining 897 000 euros to be
allocated to the retained earnings. The right to participate in distribution of
profit applied to shareholders who have been registered in the list of AS
Ekspress Grupp shareholders on 20th of June, 2018 at the end of the
working day of the settlement system. The ex-date is 19th of June,
2018. From that date the new owner of the shares is not entitled to dividends
for the year 2017. Dividends will be paid out on shareholder’s bank account on
July 3, 2018.